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BBspot - RIAA Says Future of Music is Suing File Sharers
Topic: Miscellaneous 12:43 pm EDT, Sep 10, 2003

] Los Angeles, CA - The RIAA announced that they would
] begin a strategy of profits by lawsuit, which should keep
] them a viable business indefinitely.
]
] "It's really a bold new idea that really gets back to the
] roots of the RIAA," said new RIAA Chairman and CEO Mitch
] Bainwol. "We'll no longer be worried about distributing
] music. The file sharers will do that for us, but now
] we'll just make our money from suing them and that's
] really what we're all about."
]
] According to a report by The Inquirer it will take the
] RIAA over 2,000 years to sue every file sharer, which
] confirms the long-term viability of the business model.

BBspot - RIAA Says Future of Music is Suing File Sharers



 
 
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